Announcement PDF RIU Sydney Resources Roundup May 2026 ASX:YRL yandalresources.com.au Visit our InvestorHub at: https://investorhub.yandalresources.com.au Disclaimers FORWARD LOOKING STATEMENT This presentation has been prepared by Yandal Resources Ltd (“Yandal” or “YRL”). The information contained in this presentation is a professional opinion only and is given in good faith. Certain information in this document has been derived from third parties and though YRL has no reason to believe that it is not accurate, reliable or complete, it has not been independently audited or verified by YRL. This presentation is in summary form and does not purport to be all inclusive or complete. Recipients should conduct their own investigations and perform their own analysis in order to satisfy themselves as to the accuracy and completeness of the information, statements and opinions contained. This is for information purposes only. Neither this nor the information contained in it constitutes an offer, invitation, solicitation or recommendation in relation to the purchase or sale of YRL shares in any jurisdiction. This does not constitute investment advice and has been prepared without taking into account the recipient’s investment objectives, financial circumstances or particular needs and the opinions and recommendations in this presentation are not intended to represent recommendations of particular investments to particular persons. Recipients should seek professional advice when deciding if an investment is appropriate. All securities transactions involve risks, which include (among others) the risk of adverse or unanticipated market, financial or political developments. To the fullest extent permitted by law, YRL, its officers, employees, related bodies corporate, agents and advisers do not make any representation or warranty, express or implied, as to the currency, accuracy, reliability or completeness of any information, statements, opinions, estimates, forecasts or other representations contained in this presentation. No responsibility for any errors or omissions from this arising out of negligence or otherwise is accepted. Any forward-looking statements included in this document involve subjective judgment and analysis and are subject to uncertainties, risks and contingencies, many of which are outside the control of, and may be unknown to YRL. In particular, they speak only as of the date of this document, they assume the success of YRL’s strategies, and they are subject to significant regulatory, business, competitive and economic uncertainties and risks. Actual future events may vary materially from the forward-looking statements and the assumptions on which the forward- looking statements are based. Recipients of this document are cautionead to not place undue reliance on such forward-looking statements. COMPETENT PERSONS STATEMENT The information in this document that relates to Exploration Results, geology and data compilation is based on information reviewed or compiled by Mr Chris Oorshcot, a Competent Person who is a Member of The Australasian Institute Geoscientists. Mr Oorschot is the Managing Director of the Company, is a full-time employee and holds shares and options in the Company. Mr Oorschot has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2012 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’. Mr Oorschot consents to the inclusion in this announcement of the matters based on this information in the form and context in which it appears. The information in this announcement that relates to the Flushing Meadows and Mt McClure Mineral Resource Estimates is based on information compiled and generated by Andrew Bewsher, an employee of BM Geological Services Pty Ltd (“BMGS”). Both Andrew Bewsher and BMGS hold shares in the company. BMGS consents to the inclusion, form and context of the relevant information herein as derived from the original resource reports. Mr Bewsher has sufficient experience relevant to the style of mineralization and type of deposit under consideration and to the activity which is being undertaken to qualify as a Competent Person as defined in the 2012 Edition of the JORC ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’. YRL confirms that it is not aware of any new information or data that materially affects the information included in the original market announcements. The company confirms that the form and context in which the Competent Person’s findings are presented have not been materially modified from the original market announcements. IMPORTANT INFORMATION ASX: YRL | YANDALRESOURCES. COM. AU 2 Yandal Well Positioned for 2026 YANDAL RESOURCES HIGHLIGHTS Exploration underway for 2026 – three drilling rigs on site Investment in site infrastructure to support 2026 exploration: exploration camp and core yard operational with an expanded field team in place Multiple new gold discoveries achieved, Siona in Oct. 2024 & Arrakis Sept. 2025 Discovery outcomes generated through systematic & geologically driven exploration strategy Clear pathway to advance discoveries, and generate resource growth Strong cash position of $14.7m (31 March 2026) to support an active exploration campaign for 2026 Current resource inventory of 450koz Au - Flushing Meadows (268koz) & Mt McClure (182koz) on granted ML’s Greg Evans Non-Executive Chair BCom, DipApp Fin, GAICD • +25yrs in investment banking in the mining and resources sector • Corporate and Financial Advisor to public companies and large private business owners across multiple sectors Chris Oorschot Managing Director & CEO BSc Hons (1st Class), MAIG, MSEG • Exploration Geologist with +16yrs experience predominantly in the Western Australian gold sector • Expertise in complex stratigraphic environments and structurally controlled Archaean mineralised systems CAPITAL STRUCTURE BOARD & MANAGEMENT TEAM CORPORATE SNAPSHOT Share Price1 $0.23 Shares on Issue 381.5M Options 15.4M3 Market Cap1 $88 Cash2 March 31 ~$14.7M 4 19.5%4 Regal Funds 14.9%4 Gold Fields 11.1% Ed Eshuys 9.9% Hermit Holdings 38.4% Other 1% Board ~80.5% Top 20 Katina Law Non-Executive Director BCom, FCPA, MBA, GAICD • +30yrs experience in the mining industry covering corporate and site-based finance roles across several continents • Has held senior positions at Newmont Mining Corporation’s head office in Denver, USA Owen Casey Geology Manager BSc (Hons), MAIG • Exploration geologist with + 16yrs experience predominantly in the Western Australia gold sector • Strong background in WA gold exploration and project development Eduard Eshuys Strategic & Technical Advisor BSc, FAusIMM, FAICD • Highly successful explorer and gold industry executive • Led teams in discovery of numerous gold deposits including Plutonic, Jundee and Bronzewing 1. Based on the closing share price of $0.23 at the close of trade on 4 May 2026 2. Cash position as of 31st March 2026, see ASX release 23rd April 2026 3. Options held by the YRL board, management, consultants, and staff. 4. As per YRL’s recent understanding of current holders ~70% Top 10 ~89% Top 50 Chris Newman Non-Executive Director BSc Hons, FAusIMM, MAIG • +35yrs experience in exploration, mining operations, resource development, and corporate mergers and acquisitions. • Credited with multiple discoveries across Australia, Turkey and Canada & led numerous teams to bring new projects into full-scale production. EV ~$73 5.1% Caroline House 250 Kilometres N IRONSTONE WELL–BARWIDGEE GOLD PROJECT MOUNT McCLURE GOLD PROJECT WESTERN AUSTRALIA WHY YANDAL RESOURCES NOW? ASX: YRL | YANDALRESOURCES. COM. AU 5 The exploration strategy is unlocking genuine new gold discoveries and building value for stakeholders Targeting multi-million-ounce discoveries with clear potential for Mineral Resource growth in 2026 Cash position of $14.7m 31 March 2026– Fully funded for current program across CY26 Tightly held Register and multiple near-term catalysts (Initial success and ongoing aggressive 2026 drilling program underway and building on 2025 foundation) Active heritage survey program to provide continuous exploration across 2026 and into 2027 WHAT IS YANDAL RESOURCES? ASX: YRL | YANDALRESOURCES. COM. AU 6 A Gold Focused Exploration Company Two strategically located projects in the Tier-1 Yandal Greenstone Belt of Western Australia With Existing Resources Historic mining centre with demonstrated potential for further Resource growth Mt McClure 182Koz Au @ 1.7g/t Mineral Resource Mt McClure Gold Project Ironstone Well – Barwidgee Gold Project Flushing Meadow 268Koz Au @ 1.1g/t Au Mineral Resource Discovery and Resource Growth Yandal Belt King of the Hills Thunder Box Darlot Bellevue Kathleen Valley Mt Keith Wiluna Jundee Bronzewing Wiluna Leinster New England Granite Siona Discovery Flushing Meadows Deposit 268koz Caladan Target area Arrakis Discovery 0 100km Ironstone Well- Barwidgee Gold Project Mt McClure Gold Project 182koz Dingo Range Project Targeting Multi-Million Ounce Gold Discoveries 5km Salusa Caladan Target Area Siona Flushing Meadows (268Koz) New England Granite Nayla Target Area Geidi Prime Target Area 5km Radius Arrakis Discovery Irulan Dolerite Complex Excellent Geological Setting Ideal geology and structures Area of 456km2 (and growing) covering ~53km of strike IRONSTONE WELL-BARWIDGEE PROJECT ASX: YRL | YANDALRESOURCES. COM. AU 7 Exploration Strategy Focused on Progressing New Gold Discoveries, Building Resources and Growing YRL’s Position Within The Region Underexplored – New Regional Datasets Acquired Broader geological setting poorly understood historically Transported cover and complex regolith Existing Mineral Resource Flushing Meadows 268Koz - Located on a granted mining lease Looking to apply technical insights from recent discoveries Yandal’s Exploration Strategy is Unlocking Value Significant discovery and Mineral Resource growth potential within a concentrated area within the IWB Gold Project Focussed 2026 Strategy Arrakis Prospect Define high-value mineralisation and structural controls – define extents of mineralisation Flushing Meadows Deposit Assess fresh rock mineralisation potential, refine the geological model & explore for parallel mineralisation New England Granite Target Area Test granitoid margin structural targets, assess continuity of Salusa high-grade gold, define high-value mineralisation at Siona + Target Generation Acquisition of large-scale datasets DELIVERING NEW GOLD DISCOVERIES IRONSTONE WELL & BARWIDGEE ASX: YRL | YANDALRESOURCES. COM. AU 8 Building Values and Resource Pathways New England Granite (NEG) Siona Discovery In Late October 2024 Confirmed as a Large-scale Host Arrakis Gold Discovery September 2025 >1.2km of Primary Mineralisation Defined Future Discoveries ~5.5km of Intrusive Margin Remains Untested Large-scale Potential Discovery Confirmed Early stage with significant scale potential Resource Growth Fresh Rock Mineralisation Largely Untested at Depth Flushing Meadows 268Koz Au @ 1.1g/t Au MRE Shallow & Striking Over 1.9km Discovery Pipeline Geidi Prime & Nayla Defining New Large-scale Targets & Applying Technical Insights From Recent Discoveries New Target Areas Generated through new regional datasets and insights from recent discoveries >1moz Potential NEW INFRUSTRUCTURE IN PLACE IRONSTONE WELL & BARWIDGEE ASX: YRL | YANDALRESOURCES. COM. AU 9 RC & Diamond Rig Active on Site Exploration camp fully operational • Includes a kitchen equipped for >60 people > capacity to support a scale-up of operations • 65kl of diesel storage, filled prior start of drilling • Core yard facility in place to speed up processing • Fully functioning office and high-speed communications Accelerated Drilling Program underway • 10,000m of RC, 5,000m of DD and 15,000m of AC drilling • RC rig drilling - Arrakis, Salusa, Flushing Meadows • Diamond rig completed EIS drilling at Nayla April 2026 • Diamond drilling has commenced at Flushing Meadows below the shallow 268koz MRE Looking north over Stilgar’s Camp within the IWB Gold Project GROWING THE ARRAKIS DISCOVERY ARRAKIS DISCOVERY 10 ASX: YRL | YANDALRESOURCES. COM. AU Hosted within a previously unrecognised large-scale structure • Large-scale Caladan fold structure, 3km wide >8km long, identified in 2024 from ground gravity survey Air-core drilling defined Arrakis • Extensive >2.2km regolith anomaly defined in mid-2025 First Results from 2026 RC drilling Extend Mineralisation Southeast • 27m @ 1.2g/t Au from 87m (ETW*1 20m), including > 2m @ 5.1g/t Au from 89m, and > 5m @ 2.7g/t Au from 100m • 12m @ 2.3g/t Au from 152m (ETW*1 10m), including > 6m @ 3.7g/t Au from 152m Unlocking High-value Mineralisation See ASX 28th April 2026 1. ETW – Estimated true width Arrakis collar plan, see ASX release 28th April 2026 Caladan Fold Arrakis Air-core Trend 25IWBRC0041D 37m @ 0.6 g/t Au incl. 6.5m @ 1.5g/t Au 25IWBRC0042 50m @ 1.3 g/t Au incl. 28m @ 1.9g/t Au 25IWDD0011 17.7m @ 1.4g/t Au incl. 7.95m @ 2.5g/t Au 25IWBRC0043 16m @ 1.1 g/t Au 1000m 25IWBRC0056 18m @ 1.6g/t Au from 45m Incl. 9m @ 2.9g/t Au Incl. 3m @ 6.9g/t Au 1.2km Surface Projection of Arrakis Structure Parallel Air-core Trend 25IWBAC096 9m @ 1.2 g/t Au OWRB33 (hist.) 8m @ 0.4 g/t Au 25IWBRC0040D 56.50m @ 1.3 g/t Au incl. 14.75m @ 3.3 g/t Au OWRB34 (hist.) 28m @ 0.2 g/t Au 26IWBRC0067 12m @ 2.3g/t Au Incl. 6m @ 3.7g/t Au 26IWBRC0065 27m @ 1.2g/t Au Incl. 2m @ 5.1g/t Au & 5m @ 2.7g/t Au Gravity 1VD Lin ARRAKIS GOLD DISCOVERY ARRAKIS DISCOVERY 11 ASX: YRL | YANDALRESOURCES. COM. AU Arrakis longitudinal section showing all intercepts within the main mineralised structure. Scale 250m NORTHWEST Surface Arrakis Longitudinal Section southwest facing SOUTHEAST Primary Arrakis Structure >1.2km 26IWBRC0065 27m @ 1.2g/t Au Incl. 2m @ 5.1g/t Au & 5m @ 2.7g/t Au 26IWBRC0067 12m @ 2.3g/t Au Incl. 6m @ 3.7g/t Au Interpreted Offsetting Fault Zone 26IWBRC0073 Assays Pending 26IWBRC0069 Assays Pending 25IWBRC0050D Assays Pending 26IWBRC0068D Assays Pending 26IWBRC0066D Assays Pending Long-section Only Plots Confirmed Intercepts Within the Primary Arrakis Structure ARRAKIS GOLD DISCOVERY ARRAKIS DISCOVERY 12 ASX: YRL | YANDALRESOURCES. COM. AU Defining the Mineralised System RC drilling defined a 1.2km primary mineralised structure • Both broad style lower-grade mineralisation and narrower high- grade mineralisation • Potentially open to the southeast • Evidence of mineralisation continuity both along strike and down dip with targeted close-spaced drilling Objectives for 2026 • Step out drilling to the southeast – How big is the system? • Targeted closer-spaced RC and diamond drilling to define high- grade trends and geological controls • Infill ground gravity to refine targeting models • Targeted deeper diamond drilling to evaluate continuity at depth > Underground potential? See ASX release 8th December 2025 TARGETING SCALE AT NEG GOLD DISCOVERY ASX: YRL | YANDALRESOURCES. COM. AU 13 Large-scale host interacting with multiple structures • The Siona gold discovery confirmed the large intrusive complex as a host for mineralised systems • Siona Shear zone is one of several significant structures interacting with the New England Granite Drilling to focus on advancing new discoveries • 2025 AC program delivered a new high-grade Salusa target 6m @ 6.3g/t Au from 36m incl. 2m @ 18.1g/t Au • 2026 AC to focus on the western margin once heritage clearance is received ~5.5km of western margin untested • Small program to assess high-grade oxide mineralisation at Siona 17m @ 4.9g/t Au from 85m in 24IWBRC0050 14m @ 1.8g/t Au from 63m in 25IWBRC0044 New England Granite Siona Salusa NEG01 NEG02 NEG04 NEG03 Significant Discovery Potential 2km See ASX releases 19th January 2026, 21st October 2024, and 11 December 2024 Flushing Meadows 268koz MRE Geidi Prime Target 1km Planned 200m Spaced Survey Lines Planned 800m Spaced Survey Lines 268koz Gold Mineral Resource Mineralisation from the surface • Unmined gold Mineral Resource on a granted mining lease • Predominantly oxide Resource strikes over 1.9km • 50km to Wiluna & 60km to Jundee • Limited drilling at depth, fresh rock not systematically tested • Geological controls are poorly defined Significant Scale • Extensive underexplored mineralised system • Clear exploration opportunity within fresh rock below the current Mineral Resource Estimate • No effective testing to the east and southeast FLUSHING MEADOWS Largest Mineral Resource 14 ASX: YRL | YANDALRESOURCES. COM. AU 77% oxide and transitional mineralisation Collar plan across the Flushing Meadows and Geidi Prime target area showing effective drilling only (>20m end-of-hole depth) displayed. Refocus Exploration Framework diamond program • Diamond drilling is underway • Program to follow that aims to: > Assess fresh rock mineralisation potential over 1.6km of strike with eight 200m spaced holes > Develop a geological model for the deposit Broader AC Program • The area between Geidi Prime and Flushing Meadows is poorly tested • Broad-scale air-core program is scheduled for mid-2026 • Builds on geological learning from the Siona and Arrakis gold discoveries in 2024 and 2025, respectively FLUSHING MEADOWS Largest Mineral Resource 15 ASX: YRL | YANDALRESOURCES. COM. AU See ASX releases 1 April 2019, 11 December 2019, and 23 June 2020 MT McCLURE - GROWTH AND DISCOVERY Mineral Resource 16 ASX: YRL | YANDALRESOURCES. COM. AU 182koz Gold Resource >12km Long Mineralised System on Granted Mining Leases • Located adjacent to Northern Star’s (ASX: NST) Orelia mining operation and 15km from the Bronzewing processing plant on care and maintenance Current Mineral Resources of 182,200oz Au @ 1.7g/t Au • Remnant Resources below historic open pits > Steep south plunging high-grade mineralisation is untested at depth • HMS Sulphur provides proof of concept > Shallow discovery potential with parallel structures > Equivalent horizon untested across more than 10km of strike Ample Room for Further Resource Growth • Higher grade south plunging shoots below historic open pits • Parallel mineralisation is shallow and easily tested NEXT STEPS GEOLOGY DRIVEN DISCOVERY ASX: YRL | YANDALRESOURCES. COM. AU 17 Arrakis • Further RC drilling to test strike extensions • Deep diamond drilling complete • Targeted drilling around high-grade mineralisation (scale/geometry) Flushing Meadows • Framework diamond drilling program has commenced Testing Large-Scale Targets New England Granite • Follow-up RC program at Salusa to re- commence soon • Air-core on the west side of NEG once heritage clearance is received Targeting New Discoveries • Geidi Prime & Flushing Meadows air-core drilling to define new large-scale, proximal opportunities • Nayla EIS diamond drilling complete RC chip from 169-170m in 25IWBRC0042, see ASX release 24 September 2025 INVESTMENT SUMMARY YANDAL RESOURCES HIGHLIGHTS Two New Discoveries in 18 Months – Potential for a Third? 10,000m of RC drilling, 5,000m of DD and 15,000m of AC drilling underway and to be completed by the end of June 2026 Strong cash position to progress exploration through CY26 – Cash position of $14.7m 31 March 2026 Expanded team and operational site infrastructure – directed at large-scale gold targets Strategically located projects in a tier 1 jurisdiction – Numerous processing options within 100km Tight register & strategic shareholders (Regal, Goldfields, Ed Eshuys) Strong and supportive working relationship with Traditional Owners – Continuing heritage surveys throughout 2026 ASX: YRL | YANDALRESOURCES. COM. AU 18 For further info Contact Chris Oorschot +61 (0)8 9389 9021 yandal@yandalresources.com.au ASX:YRL yandalresources.com.au Level 3, Suite 1, 1138 Hay St West Perth, WA, 6005 DELIVERING GOLD DISCOVERIES IN THE YANDAL BELT ASX: YRL BOOTH #57 YANDAL RESOURCES LIMITED ASX: YRL | YANDALRESOURCES. COM. AU 20 MINERAL RESOURCE SUMMARY Due to the effects of rounding, totals may not represent the sum of the individual components. 1. Reported above 0.5g/t Au lower cut-off grade; refer to Yandal Resources Ltd ASX announcement dated 4 November 2020 for full details. 2. Reported above 1.0g/t Au lower cut-off grade; refer to Yandal Resources Ltd ASX announcement dated 22 August 2022 for full details 3. Reported above 1.0g/t Au lower cut-off grade; refer to Yandal Resources Ltd ASX announcement dated 6 September 2022 for full details. 4. Reported above 1.0g/t Au lower cut-off grade; refer to Yandal Resources Ltd ASX announcement dated 20 September 2022 for full details. 5. Reported above 0.5g/t Au lower cut-off grade within this announcement 6. Reported above 1.0g/t Au lower cut-off grade within this announcement. 7. All Resources are reported as global estimates, not constrained by optimised pit shells. Arrakis ASX: YRL | YANDALRESOURCES. COM. AU 21 2km Arrakis ASX: YRL | YANDALRESOURCES. COM. AU 22 2km Cross-Section 6,050mN northwest facing Transported Cover Surface Dolerite TOFR 3m @ 2.0g/t Au Incl. 1m @ 4.1g/t Au Pillow Basalt 12m @ 2.3g/t Au Incl. 6m @ 3.7g/t Au 27m @ 1.2g/t Au Incl. 2m @ 5.1g/t Au & 5m @ 2.7g/t Au Awaiting Results ETA 1-2 weeks Salusa ASX: YRL | YANDALRESOURCES. COM. AU 23 2km Siona ASX: YRL | YANDALRESOURCES. COM. AU 24 2km Siona ASX: YRL | YANDALRESOURCES. COM. AU 25 2km Nayla Target Area ASX: YRL | YANDALRESOURCES. COM. AU 26 Caladan Target Area Irulan Dolerite Complex New England Granite Siona Arrakis Discovery Flushing Meadows (268Koz) Oblique Quarter Moon Salusa Nayla Target Area Geidi Prime Target Area IWB Gold Project